Announcement • May 29
United Overseas Australia Ltd Announces Board Changes United Overseas Australia Ltd. noted that with the passing of Mr. CS Kong, the appointment of Ms May Chee Kong as an alternate director automatically ceased on May 27, 2026. Upcoming Dividend • May 07
Upcoming dividend of AU$0.02 per share Eligible shareholders must have bought the stock before 14 May 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Australian dividend payers (6.7%). Lower than average of industry peers (5.6%). Announcement • Apr 25
United Overseas Australia Ltd, Annual General Meeting, May 28, 2026 United Overseas Australia Ltd, Annual General Meeting, May 28, 2026. New Risk • Mar 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 36% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Declared Dividend • Mar 02
First half dividend of AU$0.02 announced Shareholders will receive a dividend of AU$0.02. Ex-date: 14th May 2026 Payment date: 5th June 2026 Dividend yield will be 3.2%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 5.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 26
United Overseas Australia Ltd Declares Ordinary Dividend for A Period of Six Months Ended December 31, 2025, Payable on June 5, 2026 United Overseas Australia Ltd. declared ordinary dividend of AUD 0.02000000 per share for a period of six months ended December 31, 2025. Ex Date is May 14, 2026. Record Date is May 15, 2026. Payment Date is June 5, 2026. Buy Or Sell Opportunity • Feb 26
Now 32% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to AU$0.79. The fair value is estimated to be AU$0.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 6.2%. Buy Or Sell Opportunity • Feb 11
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 7.5% to AU$0.72. The fair value is estimated to be AU$0.59, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 6.2%. Buy Or Sell Opportunity • Jan 07
Now 25% overvalued Over the last 90 days, the stock has fallen 2.1% to AU$0.70. The fair value is estimated to be AU$0.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 6.2%. Buy Or Sell Opportunity • Dec 17
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 6.1% to AU$0.69. The fair value is estimated to be AU$0.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 6.2%. Buy Or Sell Opportunity • Nov 18
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 3.8% to AU$0.69. The fair value is estimated to be AU$0.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 6.2%. Buy Or Sell Opportunity • Sep 29
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 10% to AU$0.70. The fair value is estimated to be AU$0.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 6.2%. Declared Dividend • Aug 29
First half dividend of AU$0.005 announced Shareholders will receive a dividend of AU$0.005. Ex-date: 15th October 2025 Payment date: 6th November 2025 Dividend yield will be 3.9%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 5.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: AU$0.025 (vs AU$0.024 in 2Q 2024) Second quarter 2025 results: EPS: AU$0.025. Revenue: AU$57.9m (up 80% from 2Q 2024). Net income: AU$17.8m (down 1.7% from 2Q 2024). Profit margin: 31% (down from 56% in 2Q 2024). The decrease in margin was driven by higher expenses. Buy Or Sell Opportunity • Jul 15
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 6.2% to AU$0.60. The fair value is estimated to be AU$0.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Jun 30
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 8.0% to AU$0.60. The fair value is estimated to be AU$0.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Jun 10
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 7.8% to AU$0.62. The fair value is estimated to be AU$0.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years, while earnings per share has been flat. Reported Earnings • May 29
First quarter 2025 earnings released: EPS: RM2.82 (vs RM0.032 in 1Q 2024) First quarter 2025 results: EPS: RM2.82 (up from RM0.032 in 1Q 2024). Revenue: RM152.1m (up 81% from 1Q 2024). Net income: RM73.9m (up 42% from 1Q 2024). Profit margin: 49% (down from 62% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year. Upcoming Dividend • May 08
Upcoming dividend of AU$0.02 per share Eligible shareholders must have bought the stock before 15 May 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 45% and the cash payout ratio is 98%. Trailing yield: 4.3%. Lower than top quartile of Australian dividend payers (6.3%). Higher than average of industry peers (3.6%). Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Jeslyn Jacques Leong was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Apr 24
United Overseas Australia Ltd, Annual General Meeting, May 29, 2025 United Overseas Australia Ltd, Annual General Meeting, May 29, 2025. Reported Earnings • Apr 03
Full year 2024 earnings released: EPS: AU$0.056 (vs AU$0.05 in FY 2023) Full year 2024 results: EPS: AU$0.056 (up from AU$0.05 in FY 2023). Revenue: AU$182.1m (up 31% from FY 2023). Net income: AU$91.6m (up 16% from FY 2023). Profit margin: 50% (down from 57% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year. New Risk • Mar 04
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 98% Dividend yield: 4.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.9% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (98% cash payout ratio). Declared Dividend • Feb 28
Final dividend of AU$0.02 announced Shareholders will receive a dividend of AU$0.02. Ex-date: 15th May 2025 Payment date: 6th June 2025 Dividend yield will be 4.2%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 68% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.8% EPS decline seen over the last 5 years. Reported Earnings • Feb 27
Full year 2024 earnings released: EPS: AU$0.056 (vs AU$0.05 in FY 2023) Full year 2024 results: EPS: AU$0.056 (up from AU$0.05 in FY 2023). Revenue: AU$182.1m (up 31% from FY 2023). Net income: AU$91.6m (up 16% from FY 2023). Profit margin: 50% (down from 57% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year. Reported Earnings • Sep 03
First half 2024 earnings released: EPS: AU$0.021 (vs AU$0.021 in 1H 2023) First half 2024 results: EPS: AU$0.021 (in line with 1H 2023). Revenue: AU$54.5m (down 11% from 1H 2023). Net income: AU$33.9m (up 2.9% from 1H 2023). Profit margin: 62% (up from 54% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 9% per year. Declared Dividend • Aug 30
First half dividend of AU$0.005 announced Shareholders will receive a dividend of AU$0.005. Ex-date: 15th October 2024 Payment date: 6th November 2024 Dividend yield will be 4.6%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (81% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 10% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.3% EPS decline seen over the last 5 years. Announcement • Aug 28
United Overseas Australia Ltd Recommends an Interim Dividend for the Six Months Ended June 30, 2024, Payable on 6 November 2024 The Directors of United Overseas Australia Ltd. have recommended an interim dividend of 0.5 cents per share for the six months ended June 30, 2024. Record date is 16 October 2024. Payment date is 6 November 2024. New Risk • Jun 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Shareholders have been diluted in the past year (3.0% increase in shares outstanding). Upcoming Dividend • May 02
Upcoming dividend of AU$0.02 per share Eligible shareholders must have bought the stock before 09 May 2024. Payment date: 06 June 2024. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 6.6%. Within top quartile of Australian dividend payers (6.3%). Higher than average of industry peers (3.1%). Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: AU$0.05 (vs AU$0.043 in FY 2022) Full year 2023 results: EPS: AU$0.05 (up from AU$0.043 in FY 2022). Revenue: AU$138.9m (down 8.2% from FY 2022). Net income: AU$79.2m (up 19% from FY 2022). Profit margin: 57% (up from 44% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 11% per year. New Risk • Mar 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Declared Dividend • Mar 01
Final dividend of AU$0.02 announced Dividend of AU$0.02 is the same as last year. Ex-date: 9th May 2024 Payment date: 6th June 2024 Dividend yield will be 7.2%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 12% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.3% EPS decline seen over the last 5 years. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: AU$0.05 (vs AU$0.043 in FY 2022) Full year 2023 results: EPS: AU$0.05 (up from AU$0.043 in FY 2022). Revenue: AU$138.9m (down 8.2% from FY 2022). Net income: AU$79.2m (up 19% from FY 2022). Profit margin: 57% (up from 44% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 11% per year. Announcement • Feb 28
United Overseas Australia Ltd, Annual General Meeting, May 29, 2024 United Overseas Australia Ltd, Annual General Meeting, May 29, 2024, at 10:00 W. Australia Standard Time. Announcement • Oct 16
United Overseas Australia Ltd Announces Dividend for the Six Months Ended June 30, 2023, Payable on November 6, 2023 United Overseas Australia Ltd. announced dividend of AUD 0.02000000 per share for the six months ended June 30, 2023. Record date is October 16, 2023. Ex-date is October 13, 2023. Payment date is November 6, 2023. Upcoming Dividend • Oct 06
Upcoming dividend of AU$0.02 per share at 7.2% yield Eligible shareholders must have bought the stock before 13 October 2023. Payment date: 06 November 2023. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 7.2%. Lower than top quartile of Australian dividend payers (7.3%). Higher than average of industry peers (5.0%). Reported Earnings • Aug 31
First half 2023 earnings released: EPS: AU$0.021 (vs AU$0.014 in 1H 2022) First half 2023 results: EPS: AU$0.021 (up from AU$0.014 in 1H 2022). Revenue: AU$61.1m (up 3.5% from 1H 2022). Net income: AU$33.0m (up 58% from 1H 2022). Profit margin: 54% (up from 35% in 1H 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year. New Risk • Jun 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (4.7% increase in shares outstanding). Upcoming Dividend • May 02
Upcoming dividend of AU$0.02 per share at 3.5% yield Eligible shareholders must have bought the stock before 09 May 2023. Payment date: 06 June 2023. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Australian dividend payers (7.1%). Lower than average of industry peers (4.6%). Reported Earnings • Mar 31
Full year 2022 earnings released Full year 2022 results: Revenue: AU$151.3m (down 17% from FY 2021). Net income: AU$66.8m (down 17% from FY 2021). Profit margin: 44% (in line with FY 2021). Reported Earnings • Feb 28
Full year 2022 earnings released: EPS: AU$0.044 (vs AU$0.053 in FY 2021) Full year 2022 results: EPS: AU$0.044 (down from AU$0.053 in FY 2021). Revenue: AU$151.3m (down 17% from FY 2021). Net income: AU$66.8m (down 17% from FY 2021). Profit margin: 44% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 9% per year. Reported Earnings • Aug 31
First half 2022 earnings released: EPS: AU$0.014 (vs AU$0.011 in 1H 2021) First half 2022 results: EPS: AU$0.014 (up from AU$0.011 in 1H 2021). Revenue: AU$59.1m (down 49% from 1H 2021). Net income: AU$20.8m (up 25% from 1H 2021). Profit margin: 35% (up from 14% in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year. Upcoming Dividend • May 03
Upcoming dividend of AU$0.013 per share Eligible shareholders must have bought the stock before 10 May 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Australian dividend payers (5.8%). In line with average of industry peers (2.1%). Announcement • Apr 26
United Overseas Australia Limited, Annual General Meeting, May 26, 2022 United Overseas Australia Limited, Annual General Meeting, May 26, 2022, at 10:00 W. Australia Standard Time. Agenda: To receive and consider the financial statements, directors' report (including the remuneration report) and auditor's report for the company and its controlled entities for the year ended 31 December 2021; to consider re-election of Directors; to consider adoption of remuneration report; to consider the replacement constitution; and to consider the other matters. Announcement • Apr 14
United Overseas Australia Limited Announces Appointment of Jeslyn Leong as Non-Executive Independent Director The Board of United Overseas Australia Ltd. announced the appointment of Ms. Jeslyn Leong as a Non-Executive Independent Director of the Company. Ms. Leong is a financial accountant with over 25 years' experience in corporate finance. Her experience includes time within the building and construction industry, including the building materials sector of the market as well as multi-jurisdictional trading companies. Ms. Leong has experience within corporate governance roles and is currently a director of ASX listed Asian American Medical Group Limited as well as private Australian companies. Reported Earnings • Apr 02
Full year 2021 earnings released: EPS: AU$0.053 (vs AU$0.066 in FY 2020) Full year 2021 results: EPS: AU$0.053 (down from AU$0.066 in FY 2020). Revenue: AU$181.9m (down 38% from FY 2020). Net income: AU$80.3m (down 18% from FY 2020). Profit margin: 44% (up from 33% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 27
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: AU$0.021 (down from AU$0.025 in 3Q 2020). Revenue: AU$32.7m (down 39% from 3Q 2020). Net income: AU$31.8m (down 13% from 3Q 2020). Profit margin: 97% (up from 69% in 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Feb 26
United Overseas Australia Limited Announces Dividend for the Six Months Ended December 31, 2021, Payable on June 3, 2022 United Overseas Australia Limited announced dividend for the six months ended December 31, 2021 of AUD 0.01350000 per share. Ex-date is May 10, 2022. Record date is May 11, 2022. Payment date is June 3, 2022. Announcement • Jan 19
United Overseas Australia Ltd Provides Earnings Guidance for the Year Ended December 31, 2021 United Overseas Australia Ltd. provided earnings guidance for the year ended December 31, 2021. The Board advises the estimated profit attributable to ordinary shareholders for the year ended 31 December 2021 is $80 million (2020: $97.343 million). Reported Earnings • Sep 01
First half 2021 earnings released: EPS AU$0.011 (vs AU$0.016 in 1H 2020) The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2021 results: Revenue: AU$116.4m (down 37% from 1H 2020). Net income: AU$16.7m (down 31% from 1H 2020). Profit margin: 14% (up from 13% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Executive Departure • Jul 16
Independent Non-Executive Chairman & Company Secretary Alan Winduss has left the company On the 14th of July, Alan Winduss' tenure as Independent Non-Executive Chairman & Company Secretary ended. As of March 2021, Alan still personally held 2.07m shares (AU$1.5m worth at the time). Alan is the only executive to leave the company over the last 12 months. Announcement • May 13
United Overseas Australia Limited Announces Dividend for the Six Months Ended December 31, 2020, Payable on June 4, 2021 United Overseas Australia Limited announced the payment of a dividend for the six month ended December 31, 2020, of AUD 0.02000000 per share, to be paid on June 4, 2021. Ex Date is May 11, 2021. Record Date is May 12, 2021. Upcoming Dividend • May 04
Upcoming dividend of AU$0.02 per share Eligible shareholders must have bought the stock before 11 May 2021. Payment date: 04 June 2021. Trailing yield: 2.6%. Lower than top quartile of Australian dividend payers (5.3%). Higher than average of industry peers (1.8%). Reported Earnings • Mar 26
Full year 2020 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: AU$292.5m (down 24% from FY 2019). Net income: AU$97.3m (up 6.1% from FY 2019). Profit margin: 33% (up from 24% in FY 2019). The increase in margin was driven by lower expenses. Reported Earnings • Feb 25
Full year 2020 earnings released: EPS AU$0.066 (vs AU$0.063 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: AU$292.5m (down 24% from FY 2019). Net income: AU$97.3m (up 6.1% from FY 2019). Profit margin: 33% (up from 24% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 08
New 90-day low: AU$0.74 The company is down 7.0% from its price of AU$0.80 on 09 October 2020. The Australian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 10.0% over the same period. Is New 90 Day High Low • Oct 01
New 90-day high: AU$0.74 The company is up 3.0% from its price of AU$0.71 on 03 July 2020. The Australian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 8.0% over the same period. 
